China Picks Up Whey Imports from U.S., Belarus and Netherlands
Oct 22, 2021
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China’s whey imports continue to grow steadily. Over the past decade, imports rose twofold, from 263K tons in 2010 to 622K tons in 2020. Last year, China’s whey imports soared by +38% y-o-y in physical terms. In value terms, the supplies to China grew from $598M in 2019 to $810M in 2020. Major whey suppliers, namely the U.S., Belarus and the Netherlands, expanded export volume to China by more than 50% over the past year. The average whey import price in China stood at $1,301 per ton in 2020.